Jenn has recently decided to take a value network approach to create a competitive advantage over her competitors.She is trying this because ___________________.
A)She frees up internal resources
B)Her firm can be more nimble in addressing external uncontrollable opportunities and threats
C)She has an advantage over firms that have high costs associated with performing many of the value chain functions
D)Both she frees up internal resources and she has an advantage over firms that have high costs associated with performing many of the value chain functions
E)She frees up internal resources, Her firm can be more nimble in addressing external uncontrollable opportunities and threats, and She has an advantage over firms that have high costs associated with performing many of the value chain functions

Question

Quizplus · Accepted Answer

Taking a value network approach frees up internal resources so a firm can be more nimble in addressing external uncontrollable opportunities and threats, thus yielding a potential competitive advantage over firms that have high costs associated with performing many of the value chain functions themselves. A network organization facilitates concentration on one's own distinctive competencies while efficiently gathering value from outside firms that are concentrating their efforts in their own areas of expertise within your value network.

Jenn Has Recently Decided to Take a Value Network Approach